Thursday, February 12, 2026
  • Login
No Result
View All Result
MoviesGrave
0 °c
Columbus
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
No Result
View All Result
MoviesGrave
No Result
View All Result
Home National

Mamata Banerjee Slams Centre Over GST Rate Cuts, Citing ₹20,000 Crore Loss for West Bengal

September 22, 2025
in National, Politics
Reading Time: 3 min

West Bengal Chief Minister Mamata Banerjee didn’t hold back her criticism of the Union government’s decision to cut Goods and Services Tax (GST) rates. On Monday, September 22, 2025, she asserted that these revised rates would directly cost the State exchequer a staggering ₹20,000 crore.

Her strong remarks coincided with the country’s adoption of a simplified two-tier GST system, where most goods and services are now taxed at 5% and 18%.

“The Central government isn’t spending a single paisa for this GST rate cut,” Ms. Banerjee stated. “All the money is coming from the State government’s coffers. Yet, one person is taking all the credit. Will he compensate us for this loss?” While she didn’t explicitly name Prime Minister Narendra Modi, her comments were widely understood to be directed at him.

The Chief Minister also announced that her government was preparing an advertisement to highlight this issue, which would be published soon. Speaking at a Durga Puja pandal inauguration in Kolkata, she acknowledged that while the rate cuts would benefit the public, the financial burden on West Bengal would be immense.

Ms. Banerjee highlighted that she was the first to advocate for reduced GST rates on health insurance. She further alleged that while the Union government would find ways to compensate states governed by the Bharatiya Janata Party (BJP), non-BJP ruled states like West Bengal would be left to suffer.

Earlier the same day, several BJP leaders, including West Bengal State BJP president Samik Bhattacharya, visited local markets to engage with shopkeepers and claim credit for the GST reductions. This political posturing added fuel to Ms. Banerjee’s fiery address.

Beyond the GST cuts, Ms. Banerjee also raised concerns about the Union government’s alleged failure to release over ₹1.92 lakh crore in Central project allocations for various schemes, including the Mahatma Gandhi National Rural Employment Guarantee Scheme. She lamented that this withholding of funds makes it challenging for West Bengal to sustain its own state-sponsored welfare initiatives like Lakshmir Bhandar and Krishak Bandhu.

Experts agree that the ₹20,000 crore revenue loss will place significant strain on West Bengal’s finances, especially given the state’s existing commitment to its cash incentive schemes. This fiscal challenge comes just months before the 2026 Assembly elections, where the Trinamool Congress government might be looking to introduce new welfare programs.

Trinamool Congress general secretary Abhishek Banerjee echoed his aunt’s sentiments, suggesting that the Union government was forced to reduce GST rates due to public pressure. He criticized the BJP’s approach to GST, tweeting, “BJP4India’s journey with GST has been a festival of exploitation. Higher the numbers of seats they have, higher the taxes. Lower their strength, lower the burden on the people. From 303 to 240 [seats in the Lok Sabha], the message resounds across India: defeat BJP, defeat their GST loot.”

Share1195Tweet747Share299

Related Posts

Assam CM Accuses MP Gaurav Gogoi of Pakistan Training, Demands MHA Probe; Gogoi Calls Allegations ‘Flop’

February 9, 2026

Assam Chief Minister Himanta Biswa Sarma made a startling claim on Sunday, alleging that state Congress president and MP, Gaurav...

German Financial Powerhouse Deutsche Börse to Launch Global Capability Centre in Hyderabad, Creating 1,000 Jobs

November 4, 2025

Deutsche Börse, a prominent German financial services provider, is establishing its Global Capability Centre (GCC) right here in Hyderabad. A...

PM Modi Confident of Historic NDA Win in Bihar, Predicts ‘Jungle Raj’s’ Worst Defeat

November 4, 2025

Prime Minister Narendra Modi recently declared that the people of Bihar have firmly decided to secure an unprecedented victory for...

Hinduja Group Chairman Gopichand Hinduja Passes Away in London at 85

November 4, 2025

It is with deep sadness that we report the passing of Gopichand P. Hinduja, the respected chairman of the vast...

Load More
Next Post

New York Fashion Week: The Era of 'Naked Dressing' May Be Over

Comments (0) Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Recommended

New Restrictions on Covid Vaccinations as Kennedy-Appointed Panel Introduces Confusing Guidelines

5 months ago

Unleash Your Inner Paleontologist: Grab the Jurassic Park Games Collection for Just $28 During Prime Big Deal Days

4 months ago

Popular News

  • The Mystical Tradition: Why Rice Kheer Receives the Moonlight’s Embrace on Sharad Purnima

    2989 shares
    Share 1196 Tweet 747
  • Unforgettable Moment: Andrew Flintoff Admits Provoking Yuvraj Singh Before His Historic Six Sixes at 2007 T20 World Cup, Yuvraj Responds!

    2989 shares
    Share 1196 Tweet 747
  • Typhoon Matmo Unleashes Chaos in Southern China, Triggering Mass Evacuations and Flood Alerts

    2989 shares
    Share 1196 Tweet 747
  • No Class? No Problem! ‘Hero Without a Class’ Anime Premieres with Stunning Creditless Opening and Ending Videos

    2989 shares
    Share 1196 Tweet 747
  • TGSRTC Boosts Bus Services for Festive Season: 2,651 Special Buses Planned Between Karimnagar and Secunderabad

    2989 shares
    Share 1196 Tweet 747
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Cookies Policy
  • Contact Us
MoviesGrave
Bringing you the latest updates from world news, entertainment, sports, astrology, and more.

© 2025 MoviesGrave.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2025 MoviesGrave.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

*By registering on our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.